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Council for Economic Education

Athens and Olive Oil

For Teachers 5th - 8th Standards
Athens had olive oil—and lots of it! However, it needed wheat from the Egyptians. Understanding how societies get what they need through advantage and trade can be complicated. A scripted role-play exercise and in-class production...
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Worksheet
Curated OER

Production Possibility Frontier Curves

For Students 11th - Higher Ed
For this economics concepts worksheet, students use their problem solving skills to respond to 5 short answer questions about production and frontier curves.
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Lesson Plan
Curated OER

Using the Production Possibilities Frontier

For Teachers 9th - 12th
Students identify the purpose of models and why economists use them. Using a graph, they practice reading and plotting points. They are introduced to a production possibilities frontier and draw their own from data supplied to them on...
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Worksheet
Curated OER

Production Possibilities Curve Worksheet

For Students 10th - 12th
In this economics worksheet, students respond to 12 problem solving questions regarding production possibilities and the production possibility curve.
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Worksheet
Curated OER

Production Possibilities & Opportunity Cost

For Students 12th
In this economics worksheet, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
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Worksheet
Federal Reserve Bank

What Are the ‘Ingredients’ for Economic Growth?

For Students 9th - 12th Standards
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
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PPT
Curated OER

The Foundation of Economics

For Teachers 10th - Higher Ed
This is a one-stop shop as an introduction to Economics; review 53 slides covering the basics of most economics principles with images and instructor notes. Journey from Adam Smith and the foundation of modern economics to concepts such...
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Lesson Plan
Curated OER

The National Economy - Measures and Models

For Teachers 8th - 12th
Students review economic goals and evaluate progress in achieving those goals. They focus on equity, efficiency, economic freedom and growth. They provide and example of a production decision for the economy as a whole.
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Lesson Plan
Curated OER

Scarcity and Opportunity Cost - To Choose Is To Refuse

For Teachers 8th - 12th
Young scholars are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
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Lesson Plan
American Physiological Society

Sit On It

For Teachers 7th Standards
How do product designers come up with the variety of things we see in stores and on TV every day? They identify a need, then create something that meets that need. Sounds simple, right? A two-week lesson puts seventh graders in that role...
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Lesson Plan
Curated OER

Introduction To Economics

For Teachers 9th - 12th
High schoolers examine the fundamental nature of economics - unlimited wants and scarce resources and the need to make choices, the three questions related to the economic problem and its implications for an economy. This lesson come...
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Lesson Plan
Curated OER

Trade Offs and Opportunity Cost

For Teachers 9th - 10th
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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Lesson Plan
Curated OER

Light Stick Chemistry

For Teachers 5th - 8th
In groups of three with the lights off and the shades drawn, investigators place inactivated light sticks, in three beakers: one filled with ice water, another with lukewarm water, and the other with room temperature water. They wait...
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Lesson Plan
Curated OER

The Little Red Schoolhouse

For Teachers 3rd - 5th
Students read about the history of the one room school house and complete language arts activities to go with it. Students answer comprehension questions, role play, group discuss, and more.
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Lesson Plan
Curated OER

Causes and Effects of ENSO

For Teachers 9th - 12th
Students analyze monthly sea surface temperature data from the Pacific Ocean to determine if the period is an El Nino or a normal year. They recognize signs to see if there are any patterns that signal either occurrence. Satellite images...